Barrick Mining Corporation · TSX:ABX

Barrick Mining — Barrick Gold — 2005 Australian Mining Investment Forum

13 slides from Barrick Mining's conference presentation, Mar 21, 2005

  1. Slide 1: Australia Mining Investment Forum

    BARRICK GOLD CORPORATION Australia Mining Investment Forum Singapore – March 21, 2005 FORWARD LOOKING STATEMENT Certain statements included herein, including those regarding production, costs, development schedules and other statements that express management’s expectations or estimates of our futur

  2. Slide 2: Gold Market – A Sustainable Rally

    BARRICK GOLD CORPORATION Australia Mining Investment Forum Singapore – March 21, 2005 Gold Market – A Sustainable Rally $450 $400 $350 $300 $250 2001 2002 2003 2004 05 Top Five Reasons to Invest in Gold ƒ Supply and demand fundamentals continue to be strong ƒ US dollar remains in long-term decline ƒ

  3. Slide 3: Barrick Snapshot

    BARRICK GOLD CORPORATION Australia Mining Investment Forum Singapore – March 21, 2005 Barrick Snapshot ƒ Large, liquid blue-chip gold producer ƒ Component of seven globally-recognized indices ƒ 12 operating mines and 5 development projects: – 7 countries on 4 continents – 2004A production: 5.0 Moz @

  4. Slide 4: Gold Reserves and Contained Silver

    BARRICK GOLD CORPORATION Australia Mining Investment Forum Singapore – March 21, 2005 Gold Reserves and Contained Silver ƒ Gold reserves: 89 M oz (proven & probable) (2) ƒ Gold resources: 20 M oz (measured & indicated) ƒ Gold resources: 14 M oz (inferred) millions of ounces 911 @ $5.50/oz silver (3)

  5. Slide 5: Total Cash Costs and Target Production Growth

    BARRICK GOLD CORPORATION Australia Mining Investment Forum Singapore – March 21, 2005 Total 350 Cash Costs* GoldFields (US$ per ounce) 325 300 275 AngloGold Placer Dome 250 Newmont 225 Barrick 200 175 150 2000 2001 2002 2003 2004 2005E * 2005E are midpoints of company guidance. Target Production Gro

  6. Slide 6: Building Mines – Projects in Construction

    BARRICK GOLD CORPORATION Australia Mining Investment Forum Singapore – March 21, 2005 Building Mines – Projects in Construction ƒ Veladero, Lagunas Norte, Cowal and Tulawaka are all open-pit with conventional technology Estimated Estimated Estimated Construction Avg. 3 full years Avg. 3 full years R

  7. Slide 7: Veladero and Lagunas Norte – Projects in Construction

    BARRICK GOLD CORPORATION Australia Mining Investment Forum Singapore – March 21, 2005 PROJECTS IN CONSTRUCTION Veladero – Frontera District, Argentina Completed valley-fill leach embankment Primary crusher construction Mining in the open pit PROJECTS IN CONSTRUCTION Lagunas Norte – Alto Chicama Dist

  8. Slide 8: Lagunas Norte and Cowal – Projects in Construction

    BARRICK GOLD CORPORATION Australia Mining Investment Forum Singapore – March 21, 2005 PROJECTS IN CONSTRUCTION Lagunas Norte – Alto Chicama District Primary crusher Heavy equipment assembly Loading overliner material Process plant structural steel Secondary crusher PROJECTS IN CONSTRUCTION Cowal – N

  9. Slide 9: Tulawaka and Pascua-Lama

    BARRICK GOLD CORPORATION Australia Mining Investment Forum Singapore – March 21, 2005 Tulawaka – Lake Victoria District, Tanzania 70% share ƒ First gold pour occurred on March 15, 2005 ƒ Gold reserves: 382,000 ounces Grinding Circuit Primary Crusher PROJECTS IN DEVELOPMENT Pascua-Lama - Frontera Dis

  10. Slide 10: Frontera District and Financial Resources

    BARRICK GOLD CORPORATION Australia Mining Investment Forum Singapore – March 21, 2005 A T A C A M A R E G I O N Frontera District Pascua-Lama Veladero Guanaco Zonzo target Regalito target Vallenar Prospects S A N J U A N Pascua-Lama P R O V I N C E Veladero La Serena Bañitos target El Indio Pacific

  11. Slide 11: Exploration Strategy

    BARRICK GOLD CORPORATION Australia Mining Investment Forum Singapore – March 21, 2005 Exploration Strategy (5) ƒ 2005 total exploration budget $120 million ƒ Targeting reserve additions at and near existing mines in 2005: $55 million ƒ 2005 exploration budget: $65 million on greenfields and district

  12. Slide 12: Strategic Partnerships and The Case for Barrick

    BARRICK GOLD CORPORATION Australia Mining Investment Forum Singapore – March 21, 2005 Strategic Partnerships ƒ Looking for efficient and disciplined ways to invest in non-OECD countries ƒ Focused on value-creating asset deals ƒ Strategic partnerships – QGX Limited – Mongolia – Highland Gold – Russia

  13. Slide 13: Footnotes

    BARRICK GOLD CORPORATION Australia Mining Investment Forum Singapore – March 21, 2005 FOOTNOTES 1. For an explanation of non-GAAP performance measures, refer to pages 38 and 40-41 of Management’s Discussion and Analysis found in the Year-End Report 2004. 2. Based on reserves calculated as at Decembe

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